Amendment status not verified — confirm the current text below against the official source.
Power of the Board to bo110w.—(1) The Board may, from time to time, with the previous sanc.ion of the Government and subject to such conditions as the Government may, by general or special orde: determine, boriow anv sum required for the purposes of this Act whe:her by the issue of bonds or debentures or otherwise or by making arrangzments with Banks o1 Public Sector Industrial undortakings and other Industrial undertakings or other bodies or institutions approved by the Government in that behalf. (2) Bonds or debentures issued by the Board underthis section shall be issued, transferred dealt with or red 2emed in such manneras the Government may, by general or special order, direct